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Premier holidays ltd
Registration Number
01791598Incorporation Date
14/02/1984Last Annual Return
Not availableAddress
Building 1020, Cambourne Business Park, Cambour, Cambridge, Cambridgeshire. CB23 6DW
Website
www.premierholidays.co.ukAudit Fees
£23,000Secretary
Ms Nicola Louise Waters
Directors
Active
Mr Peter Spencer Andrews (82 yrs)
Active
Mr Mark James Godfrey (44 yrs)
Active
Mr Renford Laurence Sargent (80 yrs)
Active
Ms Heidi Amanda Blades (49 yrs)
Active
Ms Deborah Karen Goffin (55 yrs)
Active
Ms Nicola Louise Waters (50 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 30-Sep-21 | 30-Sep-22 | 30-Sep-23 | 30-Sep-24 | 29-Sep-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 7379 | 27445 | 42228 | 44554 | 47204 |
| Directors Fees | 289 | 337 | 465 | 745 | 805 |
| Gross Profits | 1087 | 3422 | 5201 | 5627 | 5962 |
| Value Added | 886 | 2746 | 5029 | 5384 | 6313 |
| Trading Profit | -1120 | 376 | 1788 | 1875 | 2933 |
| Depreciation | 65 | 28 | 22 | 21 | |
| Non-Trading Income | -2 | 1 | 32 | 253 | 0 |
| Total Interest Charges | 6 | 0 | 0 | 0 | 0 |
| Pre-tax Profit | -1193 | 349 | 1798 | 2107 | 2910 |
| Retained Profit (Shareholders Funds) | -911 | 545 | 997 | 677 | 1264 |
| Fixed Assets | 91 | 65 | 48 | 42 | 45 |
| Intangibles | 64 | 23 | 23 | 204 | 220 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 51 | 257 | 308 | 838 | 888 |
| Cash or Equivalent | 7270 | 10865 | 12594 | 13575 | 15965 |
| Total Current Assets | 7321 | 11122 | 12902 | 14413 | 16853 |
| Creditors | 1647 | 2671 | 2168 | 2318 | 2824 |
| Short Term Borrowing | 0 | 300 | 0 | 0 | 0 |
| Other Current Liabilities | 4118 | 6135 | 7704 | 8557 | 9242 |
| Total Current Liabilities | 5765 | 9106 | 9872 | 10875 | 12066 |
| Net Current Assets | 1556 | 2016 | 3030 | 3538 | 4787 |
| Shareholders Funds | 1531 | 2076 | 3073 | 3750 | 5014 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 180 | 28 | 29 | 35 | 38 |
| Total Capital Employed | 1711 | 2104 | 3102 | 3785 | 5052 |
| Pretax Profit Margin % | -16.17 | 1.27 | 4.26 | 4.73 | 6.16 |
| Sales Growth % | -51 | 272 | 54 | 6 | 6 |
| Pretax Profit Growth % | 7 | 129 | 415 | 17 | 38.11 |
| Debtor Ratio Days | 3 | 3 | 3 | 7 | 6.8463437626251 |
| Creditor Ratio Days | 81 | 35 | 19 | 19 | 21.778399245859 |
| Stock Turnover | NA | NA | NA | NA | NA |
| Sales £000 / Employee | 90 | 339 | 431 | 469 | 515.888421052632 |
| Value Added £000/Empl. | 11 | 34 | 51 | 57 | 68.9935712888169 |
| Av. Remun. £000 / Empl. | 24 | 29 | 33 | 37 | 36.9368421052632 |
| Total Empl. Remu. £000 | 2006 | 2370 | 3241 | 3509 | 3379.76828644501 |
| Employees | 82 | 81 | 98 | 95 | 91.5012787723784 |
| Pretax Profit/Total Assets % | -16 | 3 | 14 | 14 | 17 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, well above the industry average.
- Pretax Profit Margin is 4.7% in the latest year, well above the industry average of 3.7%.
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year
- The company is among the Top 60 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 626 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £44.6m sales and made £2.1m, by following the proposal plan, sales would rise to £47.2m and profits would rise to £2.9m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £44.6m TO SALES
- ATTRACTIVE PRICE
- HIGH AVERAGE AGE
Acquisition Attractiveness Rating
- Low number of shareholders
- Company is privately owned
- Low number of directors
- Sales growth above the industry average
- Low financial rating
- High gross earnings
- Big difference between current and future value
- Directors fees represent high proportion of profits
- Average age of directors is high
Company Valuation
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 30-Sep-21 | 30-Sep-22 | 30-Sep-23 | 30-Sep-24 | 29-Sep-25 |
| Total Sales (£000) | 7379 | 27445 | 42228 | 44554 | 47204 |
| Pre-tax Profit (£000) | -1193 | 349 | 1798 | 2107 | 2910 |
| Total Value (£000) | -4274 | 3770 | 11534 | 14079 | 19728 |
| Asset Value (£000) | 206 | 345 | 379 | 1084 | 1153 |
| Goodwill (£000) | -206 | 3425 | 11155 | 12995 | 18575 |
| Liabilities (£000) | 1325 | 1731 | 2693 | 2665 | 3861 |
| Equity Value (£000) | 1325 | 5501 | 14227 | 16744 | 23589 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MR PETER SPENCER ANDREWS (50.0%)
MR RENFORD LAURENCE SARGENT (50.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 41 years.
The number of shareholders is low (2)
2 directors are over 70 years of age.
The value of the company has risen in each of the last 2 years.
The value of the company has fluctuated in the last 2 years.
The total value of the company is currently £14.1m including debts.
The equity value is high, indicating low levels of total liabilities.
The company value is small in comparison to its sales.
This company is rated HIGHLY ATTRACTIVE in terms of attractiveness.
The proposed year is based on achieving a 17% return on total assets.
The company's value would increase by 40% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 10%.
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